State Bank of India Reports Record Q3 Profit, Asset Quality Improves

SBI reported its highest-ever quarterly net profit of ₹21,028 crore for Q3 FY26, marking a strong 24.5% YoY growth driven by steady lending and lower credit stress. Net interest income rose 9% YoY, while asset quality improved with gross NPA at 1.57% and net NPA at 0.39%. Lower provisions further supported profitability, and management raised FY26 loan growth guidance to 13–15%, keeping the stock in focus for investors. #SBI #Q3Results #BankingStocks #EarningsUpdate #StockMarket